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Montevideo, May 23rd 2025 - 20:06 UTC

Mercosur

  • Friday, November 29th 2024 - 23:19 UTC

    Lula and Orsi discuss Brazil-Uruguay ties at Planalto Palace

    Orsi (L) stressed the importance of Uruguay's relationship with Lula's Brazil

    Brazil's President Luiz Inácio Lula da Silva welcomed Uruguay's President-elect Yamandú Orsi on Friday at the Planalto Palace to discuss the possible Free Trade Agreement (FTA) between the Southern Common Market (Mercosur) and the European Union (EU) as well as other issues.

  • Friday, November 29th 2024 - 10:57 UTC

    France's Parliament gives thumbs down to EU-Mercosur FTA

    France's Senate joined the Lower House in an unusual display of consensus in an otherwise politically divided country

    France's Parliament was unusually united this week in rejecting the Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur), thus yielding to protests from local farmers who fear unfair competition. The Senate gave its thumbs down Thursday, just one day after the Lower House did the same by 484 votes against 70.

  • Friday, November 29th 2024 - 10:49 UTC

    Orsi meeting Lula on first trip abroad after electoral win

    Orsi sees in Lula a key ally

    Uruguay's President-elect Yamandú Orsi is scheduled to meet Friday in Brasilia with Luiz Inácio Lula da Silva to discuss the future relationship between both countries after the Broad Front's (Frente Amplio - FA) candidate is inaugurated on March 1. Orsi defeated Álvaro Delgado of the ruling Multicolor coalition in the Nov. 24 runoff and chose Brazil as his first destination abroad to launch his administration's diplomatic agenda.

  • Tuesday, November 26th 2024 - 09:47 UTC

    Brazilian House Speaker says reciprocity coming up for Carrefour

    “We are very bothered by European protectionism,” Lira said

    Brazil's Lower House Speaker Arthur Lira spoke Monday against Europe's protectionism, particularly that of France, and announced that a bill would be voted on this week providing for “economic reciprocity.” If approved, the Brazilian government would be prevented from signing any international agreements with clauses restricting the import of Brazilian products unless the signatory countries adopt equivalent environmental protection measures.

  • Thursday, November 21st 2024 - 19:38 UTC

    French supermarket chain to halt sales of Mercosur meat to boycott FTA

    Mercosur meat might “flood the French market with meat that does not meet its requirements and standards,” Carrefour's CEO feared

    Carrefour CEO Alexandre Bompard announced this week that his company would not be selling meat imported from the Southern Common Market (Mercosur) in a move to prevent the Free Trade Agreement (FTA) with the European Union from pulling through. France's largest supermarket planned on suspending meat imports from Argentina, Bolivia, Brazil, Paraguay, and Uruguay “in solidarity with the agricultural sector.”

  • Tuesday, November 19th 2024 - 11:52 UTC

    Argentina clinches deal to sell Vaca Muerta gas to Brazil

    Caputo (L) and Silveira met on the sidelines of the G20 Summit in Rio

    Argentina's Economy Minister Luis Toto Caputo and his Brazilian Energy Counterpart Alexandre Silveira signed Monday on the sidelines of the G20 Summit in Rio de Janeiro an agreement whereby gas from Vaca Muerta will be pumped starting next year, reaching 30 million cubic meters per day as from 2030, which is the same volume that South America's largest country used to buy from Bolivia.

  • Monday, November 18th 2024 - 10:55 UTC

    With Milei, Macron insists France not signing EU-Mercosur FTA

    “We don't always think alike on many issues,” Macron said about Milei

    French President Emmanuel Macron told his Argentine counterpart Javier Milei once again during their meeting Sunday at Casa Rosada that his country would not sign the European Union (EU)-Southern Common Market (Mercosur) Free Trade Agreement (FTA) “as is.”

  • Friday, November 15th 2024 - 10:55 UTC

    France wants Mercosur-EU deal not signed

    France will do its utmost to prevent such an agreement from being signed, Armand was quoted as saying

    France will not be signing a Free Trade Agreement (FTA) between the European Union and the Southern Common Market (Mercosur), the Russian news service Sputnik reported Thursday. In fact, Paris will do its utmost to block it.

  • Sunday, November 10th 2024 - 15:23 UTC

    France lobbying among EU partners to veto trade agreement with Mercosur

    Minister Annie Genevard admitted Paris is trying to convince “a maximum number of countries”, to set up a veto system to impede the trade agreement EU/Mercosur

    French Agriculture minister, Annie Genevard has declared to her country’s media that Paris is trying to convince “maximum number of countries”, such as Belgium, Bulgaria, Austria, Ireland and “even maybe Italy” to set up a veto system to impede the signing of a trade agreement between the European Union and Mercosur, the South American trade group.

  • Thursday, October 24th 2024 - 19:07 UTC

    ECLAC foresees slight rebound in foreign trade

    Salazar-Xirinachs highlighted the importance of public-private cooperation

    The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) foresaw this week in its its annual Latin America and the Caribbean International Trade Outlook that regional exports of goods would bounce back in 2024 after last year's 1% contraction while service exports will complete their fourth consecutive year of double-digit growth.